Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0410%/8h= +44.9% APRnext payment +$4.10 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Orderly+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_1000PEPE_USDC0.0000048320.0440pay 0.0440% / 8h1h 43m$30K$11K20x
ShortBinance 1000PEPEUSDT0.0000048330.0850get 0.0850% / 8h1h 43m$130.2M$1.03B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$86.1
Price spread: +0.019% → 0.000%
$1.86
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
$71.96
Costs to cover
0.160%
Break-even
1.1 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Binance live order book, 16 min ago0.10 bp8.9 bp −$912.6 bp −$12636.9 bp −$3,688doesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000004838+0.131%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004828−0.068%$14K150xas long as short
Lighter 1000PEPE+0.0096%1h0.000004839+0.151%$626K$5.4M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004834+0.048%$61.0M$76.8M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004840+0.172%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004830−0.035%$87.7M$278.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004834+0.048%$150.8M$62.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004838+0.124%$25.0M$53.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004845+0.276%$545K$3.9Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004840+0.178%$27K$344K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004841+0.199%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004836+0.089%$2K$9K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004832+0.008%$548K$3.5M75xas long as short
Bitget PEPEUSDT+0.0167%8h0.000004835+0.079%$42.6M$151.3M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004836+0.084%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0201%8h0.000004833+0.027%$41.6M$490.6M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0316% / S −0.0215%1h0.000004000−17.213%$52K100xas long as short
BloFin PEPE-USDT+0.0325%8h0.000004836+0.089%$3.9M$22.1M75xas long as short
Paradex kPEPE-USD-PERP+0.0428%8h0.000004837+0.111%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0438%8h0.000004831−0.023%$2.3M$6.4M50xas long as short
Orderly PERP_1000PEPE_USDClong+0.0440%8h0.000004832long leg$30K$11K20x
Coinbase International 1000PEPE-PERP-INTX+0.0448%1h0.000004839+0.151%$616K$25.6M50xas long as short
01 Exchange kPEPEUSD+0.0536%1h0.000004844+0.255%$555$2K10xas long as short
Backpack kPEPE_USDC_PERP+0.0679%1h0.000004837+0.120%$92K$614K15xas long as short
Nado kPEPE-PERP+0.0758%1h0.000004836+0.092%$186K$854K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0785%1h0.000004838+0.130%$82K$94K25xas long as short
BingX 1000PEPE-USDC+0.0837%8h0.000004831−0.023%$2.3Mas long as short
Binance 1000PEPEUSDTshort+0.0850%8h0.000004833+0.019%$130.2M$1.03B75x
MEXC PEPE_USDT+0.0855%8h0.000004839+0.155%$92.0M$283.0M300xas long as short
Extended 1000PEPE-USD+0.0856%1h0.000004842+0.210%$532K$148K25xas long as short
Aevo 1000PEPE-PERP+0.0864%1h0.000004840+0.172%$137K3xas long as short
Injective PEPE/USDC PERP+0.0873%1h0.000004868+0.751%$4K$103K12xas long as short
Aster 1000PEPEUSDT+0.0881%8h0.000004841+0.193%$1.5M$7.0M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0935%1h0.000004841+0.192%$103K$764K25xas long as short
Kraken Futures PF_PEPEUSD+0.1319%1h0.000004835+0.074%$4.0M$13.2M50xas long as short